Skip to main content

About your Search

20121205
20121213
STATION
KPIX (CBS) 1
WJZ (CBS) 1
WUSA (CBS) 1
DATE
LANGUAGE
Search Results 0 to 2 of about 3 (some duplicates have been removed)
CBS
Dec 9, 2012 8:30am PST
that leader macomedy has said he's got to have to have a deal. and even nancy pelosi has said, look, this is not about rates. it's about revenue. it's about getting the money we need in order to reduce these deficits. so you've got to have spending cuts and you've got to have some revenue to get this done. >> schieffer: let me ask senator simpson. the "new york times" crunched numbers for the tax inn creases for the wealthy and determined even if the rates go back up to the clinton-era rates it would only give us about a quarter of the needed revenue. so what other things can be done? what other taxes have to be raised or where do you get the money to get us to where we need to be? >> well, you go into the tax code, as i say, but it's going to take too much time to do that. but there is no possibility to do this, not a single economist who talked to us in our hearings, said we can't grow our way out of this thing if we had double-digit growth for 20 years. you can't cut spending your way out of this baby or you're going to are yo ruin a very fragile economy and an emerging and helpf
Search Results 0 to 2 of about 3 (some duplicates have been removed)